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QQQ, GGEM: Big ETF Inflows
Monday, July 9, 12:34 PM ET

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest inflow was seen in the PowerShares QQQ (NASDAQ:QQQ), which added 11,500,000 shares, or a 2.3% increase week over week.

And on a percentage change basis, the ETF with the largest increase in inflows was the Consumer Goods GEMS exchange-traded fund (GGEM), which added 50,000 shares, for a whopping 100.0% increase in outstanding shares. Among the largest underlying components of GGEM, in morning trading today Companhia DE Bebidas Das Ame (ABV) is down about 1.3%, and Fomento Economico Mexicano (NYSE:FMX) is lower by about 0.6%.

For MarketNewsVideo.com, I'm Kristin Bianco.

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